Purchased rental property in 2011and have filed using Turbo Tax ever since. In Schedule E, somehow the property is listed twice as a depreciable property asset; once as 'address, building', which is the one I added when purchased in 2011, and a second time as 'Residential', which I do not remember adding. Each listing shows a (slightly) different asset value and land value, with depreciation amounts for each listing for the past 5 years. My issue is that I sold the property last year and need to close out the assets. I declared the 'address,building' asset as sold, but do not know how to handle the second 'Residential' listing. I am not sure that I should delete it, or even show it as sold. Please help.
